Crescendo expects industrial property business to surge
By BUSINESS TIMESCRESCENDO Corp Bhd expects its industrial property business to contribute significantly to its bottom line this year, compared with only 16 per cent previously.”We expect the figure to exceed 50 per cent this year (ending January 2008),” said managing director Gooi Seong Lim.The better earnings will be derived from the group’s recently launched [...]
Citigroup ups target price for Mah Sing by 15pc
By BUSINESS TIMESCITIGROUP has raised its target price for shares of Mah Sing Group Bhd by 15 per cent to RM3.10 apiece, as profits could rise on the back of its latest commercial project in Kuala Lumpur. Mah Sing, a developer, bought 1.9ha of land at Jalan Sungai Besi, and it plans to …
Malaysia sees RM177b investment in Northern Corridor
By THE EDGEALOR SETAR: Malaysia expects investment of RM177 billion in the Northern Corridor Economic Region (NCER) to develop four northern states, the Prime Minister said on July 30.”The government is finalising various incentive packages and they will be announced soon,” Datuk Seri Abdullah Ahmad Badawi said at the launch.”Several programmes that have been identified [...]
Industrial property to power Crescendo
By THE STARPETALING JAYA: Crescendo Corp Bhd expects industrial property development to be its main revenue contributor for the year ending Jan 31, 2008 (FY08). Managing director Gooi Seong Lim said the company’s main focus this year would be on the Nusa Cermerlang Industrial Park (NCIP) project, which forms part of Bandar Nusajaya in …
OSK Property plans project near KLCC
By THE STARKUALA LUMPUR: OSK Property Holdings Bhd’s future looks bright with a stream of development projects to be launched over the next two years, said executive director and chief operating officer Gerard Tan. The company has a land bank of about 1,400 acres and five on-going projects, including the high-end residential development at Sri [...]
Water park lure in Gambang
By THE STARKUANTAN: A RM1bil integrated resort city, Bukit Gambang Resort City (BGRC), being built in Gambang will have the first water park in the east coast and probably the largest in the country. Located near the Gambang interchange, the first East Coast Expressway exit point to Kuantan, BGRC covers over 200ha and will …
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